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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Assets    
Cash and cash equivalents $ 752.8 $ 1,269.2
Trade receivables, net of allowances of $38.5 in 2021 and $40.2 in 2020 1,046.4 987.1
Contract assets, net of allowances of $1.1 in 2021 and $2.4 in 2020 1,008.7 934.1
Inventories, net (Note 8) 1,164.8 1,252.8
Derivative financial instruments (Note 19) 203.5 268.7
Income taxes receivable 131.6 276.8
Advances paid to suppliers 80.6 96.3
Other current assets (Note 9) 625.8 662.9
Investment in Technip Energies 1,249.0 0.0
Current assets of discontinued operations 0.0 5,696.8
Total current assets 6,263.2 11,444.7
Investments in equity affiliates 316.9 305.5
Property, plant and equipment, net of accumulated depreciation of $2,400.6 in 2021 and $2,154.2 in 2020 2,690.8 2,744.7
Operating lease right-of-use assets 750.5 784.9
Finance lease right-of-use assets 51.5 27.5
Intangible assets, net of accumulated amortization of $422.8 in 2021 and $493.1 in 2020 832.7 851.3
Deferred income taxes 57.3 49.4
Derivative financial instruments (Note 19) 35.3 29.2
Other assets 167.3 161.8
Non-current assets of discontinued operations 0.0 3,293.6
Total assets 11,165.5 19,692.6
Liabilities and equity    
Short-term debt and current portion of long-term debt (Note 13) 96.8 624.7
Operating lease liabilities 161.6 195.5
Finance lease liabilities 51.1 26.9
Accounts payable, trade 1,247.9 1,195.2
Contract liabilities 892.5 1,045.7
Accrued payroll 178.4 186.8
Derivative financial instruments (Note 19) 172.5 157.5
Income taxes payable 84.9 61.5
Other current liabilities (Note 9) 985.6 800.1
Current liabilities of discontinued operations 0.0 6,121.3
Total current liabilities 3,871.3 10,415.2
Long-term debt, less current portion (Note 13) 2,434.3 2,835.5
Operating lease liabilities, less current portion 656.4 632.8
Deferred income taxes 60.7 79.3
Accrued pension and other post-retirement benefits, less current portion 248.9 268.4
Derivative financial instruments (Note 19) 34.2 18.8
Other liabilities 119.6 103.3
Non-current liabilities of discontinued operations 0.0 1,081.3
Total liabilities 7,425.4 15,434.6
Commitments and contingent liabilities (Note 17)
Mezzanine equity    
Redeemable non-controlling interest 44.6 43.7
Stockholders’ equity (Note 14)    
Ordinary shares, $1.00 par value; 618.3 shares authorized in 2021 and 2020; 449.8 shares and 449.5 shares issued and outstanding in 2021 and 2020, respectively 449.8 449.5
Capital in excess of par value of ordinary shares 9,152.1 10,242.4
Accumulated deficit (4,547.0) (4,915.2)
Accumulated other comprehensive loss (1,400.8) (1,622.5)
Total TechnipFMC plc stockholders’ equity 3,654.1 4,154.2
Non-controlling interests 41.4 40.4
Non-controlling interests of discontinued operations 0.0 19.7
Total equity 3,695.5 4,214.3
Total liabilities and equity $ 11,165.5 $ 19,692.6